Author/Editor
Charles Payne
Publisher
Investorplace
Description
Generalist newsletter launched in Spring of 2015, recommending a variety of stocks, including blue chip-type ideas — marketing material says he sometimes “trades around” those positions and uses technical analysis to pick entry and exit points. Payne appears on Fox Business and also runs his own newsletter called Common Sense and a website called Wall Street Strategies.
Overall Rating
Rating: 2.3/5. From 12 votes.
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1.9
Rating from 51 votes
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Investment Performance
Rating from 16 votes
Rating: 1.8/5. From 16 votes.
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Quality Of Writing/Analysis
Rating from 11 votes
Rating: 2.1/5. From 11 votes.
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Value For Price
Rating from 12 votes
Rating: 1.4/5. From 12 votes.
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Customer Service
Rating from 12 votes
Rating: 2.3/5. From 12 votes.
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Seems to pick after a big run up and the price point to buy in is near the near term top with the stocks tending to drop although there are a few winners. Typical buying in to the list at his price points will see diminishing portfolio returns on average, at least in the 2016 through mid 2017 period.
The above comments hit the nail on the head. I have tried Charles Payne’s service twice now over the past year and a half, buying every stock pursuant to his advice, with disappointing results …..even with the market as strong as its been.
I’m a novice investor at best, but I had to drop my subscription. I guess I’ve just been lucky with the stock I’ve picked outside of Charles Payne’s service.
After what I believed to be adequate research as well as occasionally watching Charles Payne of the. FNC, I decided to invest a considerable amount of money in Wall Street Strategies.
The representative (John Lemon) sold me hook, line, and sinker.
He started by explaining how all new clients are personally contacted by Mr. Payne. That did not happen.
He was certain that shortly after my initial investment in Wall Street Strategies (especially in the booming post 2016 presidential election market), I would do well. That did not happen.
The representative told me he would be in frequent contact with me in reference to my portfolio. That did not happen.
Ironically, when my subscription was up for renewal, the representative was quick to reach out to me, asking me to renew (although I was around $3000 in the negative). When I explained that Wall Street Strategies had let me down in numerous ways and that it was only fair to extend the subscription no charge (thus allowing them a second chance), the representative proclaimed that to be a fair solution and that he would get back to me within 24 hours. That did not happen. No phone call. Nothing.
I get it. I own this mistake. And I take responsibility.
I take the time to write this letter in order to save other saps (like me) that might actually believe this company is one integrity and chararacter. In my experience, it is not.